The man charged with stewarding one of the world's largest sovereign wealth funds has vowed to invest more of his $482 billion in neighboring Asian nations, in order to support ­regional growth. Also staying away from ­European bonds: "The risk is too big and the return too low."

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It would appear that the IMF has not quite caught up with the reality of the modern economy. Something of a problem as said International Monetary Fund is looked to as the guru on what countries should do in matters economic. The IMF is stating that the G 20 countries (essentially, the large and rich ones, that is, the large and the rich, not read »

References to China’s long-standing policy of currency manipulation tend, these days, to be met with disparagement. ‘Yes,’ it is conceded, ‘that used to be routine, but it is no longer happening, and is therefore not important.’ Rarely, is it ever explained why China stopped manipulating its currency, or indeed what the lingering impacts of this read »

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While nearly all of the FORBES World's Most Powerful have topped the marquee, the higher you go, the exclusiveness and ranks gets thinner. At the peak is the most treasured perk of all, enjoyed only by one person on the list.